Wages
Ben & Jerry's used to have a policy that no employee's rate of pay shall exceed seven times that of entry-level employees. In 1995, entry-level employees were paid $8 hourly, and the highest paid employee was President and Chief Operating Officer Chuck Lacey, who earned $150,000 annually. When Ben Cohen resigned as Chief Executive Officer and Ben & Jerry's announced the search for a new CEO in 1995, the company ended the seven-to-one-ratio policy.
Read more about this topic: Ben And Jerry's
Famous quotes containing the word wages:
“Three factors—the belief that child care is female work, the failure of ex-husbands to support their children, and higher male wages at work—have taken the economic rug from under that half of married women who divorce.”
—Arlie Hochschild (20th century)
“I hear ... foreigners, who would boycott an employer if he hired a colored workman, complain of wrong and oppression, of low wages and long hours, clamoring for eight-hour systems ... ah, come with me, I feel like saying, I can show you workingmen’s wrong and workingmen’s toil which, could it speak, would send up a wail that might be heard from the Potomac to the Rio Grande; and should it unite and act, would shake this country from Carolina to California.”
—Anna Julia Cooper (1859–1964)
“I know what wages beauty gives,
How hard a life her servant lives,
Yet praise the winters gone:
There is not a fool can call me friend,
And I may dine at journey’s end
With Landor and with Donne.”
—William Butler Yeats (1865–1939)